Tag: SPACs
April 20, 2022
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
THE COMPANY LAW COMMITTEE REPORT 2022: HIGHLIGHTS &...
The Company Law Committee published its third report ("Report") on April 13, 2022 which makes recommendations to the Government on changes to the Companies Act, 2013 ("Companies Act"), the Limited Liability Partnership Act, 2008 ("LLP Act") and the rules framed thereunder. The amendments and new additions proposed in the Report aim to bring Indian company law in line with global practices and improve the ease of doing business in India. ......
July 7, 2021
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
SPACs in the Indian context
In recent years, SPACs, or ‘Special Purpose Acquisition Companies’, have snaked their way into the lexicon of every investor worth its salt. SPACs are the shiniest new ‘instrument’ on the block and the numbers lend into the hype; for instance, 2020 witnessed the execution of a record 248 SPACs raising a collective USD 83 billion on NASDAQ , even as the world succumbed to a pandemic. Further, it is estimated that there are now close to 400 SPACs on the market with more than USD 120 Billion on their balance sheets. ... ...